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$899,000
Property Description
Rare opportunity with this property! Enjoy incredible views from this high-floor DE combination unit with desirable south and west exposures, filling the home with natural light throughout the day. The flexible split floor plan offers endless possibilities. Currently configured as one expansive residence, it can also be converted back to its original layout as a large studio (D unit) and a 2-bedroom (E unit), as the studio kitchen remains intact. With no current rental restrictions, the investment potential is exceptional. Keep the home as-is and enjoy the generous living space, live in one unit and rent the other, or rent both for maximum income potential. A truly unique opportunity in a building where most D and E units have already been combined. Monthly assessment: 2839.38 2024 Taxes: $17,267.02.
Full Property Details
Full Property Details for 161 E Chicago Ave #40DE
General
- Price: $899,000
- HOA FEE: $2,840/month
- Taxes: $17,267 (2024)
- Status: Active
- Type: Condo
- Source: MRED
- MLS ID: 12677042
Interior
- Basement: None
- Interior Features: Storage, Walk-In Closet(s)
- Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Cooktop, Electric Oven
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Bathroom Features: Whirlpool, Separate Shower, Bidet
Bedrooms
- Total Bedrooms: 3
Additional Information
- Shared Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator in Residence, Exercise Room, Storage, On-Site Manager/Engineer, Party Room, Sundeck, Indoor Pool, Receiving Room, Service Elevator(s)
- Equipment: Cable TV
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Heated Garage, Yes, Leased, Attached, Garage
Location
- Area: CHI - Near North Side
- County: Cook
- Township: North Chicago
- Driving Directions: Chicago Avenue, east of Michigan Avenue
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Community
- Assoc. Fees Include: Air Conditioning, Water, Insurance, Doorman, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
- Pets Allowed: Yes
- Pets: Cats OK, Dogs OK, Number Limit
- Pet Restrictions: Cats OK, Dogs OK, Number Limit, / 999lbs.
- Mgmt. Company: First Residential Serive
Heating & Cooling
- Cooling Type: Central Air Conditioning, Zoned
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Structure Type: Condo
- Construction: Stone, Marble/Granite
- Exterior Const.: Stone, Marble/Granite
- Basement Desc.: None
- Sub-Flooring: Hardwood
- Entry Floor Number: 40
- Stories/Levels: 64
- Square Feet: 2,700
- Sq. Ft. Source: Other
- Year Built: 1985
Unit Information
- Units in Building: 252
Lot Features
- Lot Dimensions: common
Animals
- Animals Allowed: Cats OK, Dogs OK, Number Limit
Water Features
- Water View: Yes
- Water Front View: Front of Property, Side(s) of Property
Financial Considerations
- Lease Price: $425
- Association Fee: $2,840
- Assoc Fee Freq.: Monthly
- Assessment Year: 1985
- Tax Amount: $17,267.02
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Property ID: 17102000681127
Listed by Baird & Warner
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Schools
Schools serving 161 E Chicago Ave #40DE
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Ogden Elementary School 24 West Walton Street, Chicago, IL 60610 | K-8 | 0.4 mi |
Wells Community Academy High School 936 North Ashland Avenue, Chicago, IL 60622 | 9-11 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Tax History
Tax History for 161 E Chicago Ave #40DE
Year
Property Taxes
Change
Tax Assessment
Change
2023
$414,822
—
$1,708,750
-13%
2023
$414,822
3%
$1,966,072
—
2022
$404,386
2%
$1,966,072
—
2021
$395,359
13%
$1,966,072
25%
2020
$350,657
11%
$1,574,082
—
2019
$316,253
2%
$1,574,082
—
2018
$310,934
-3%
$1,574,082
6%
2017
$319,453
9%
$1,483,968
1%
2016
$293,400
-3%
$1,464,887
-11%
2015
$301,958
5%
$1,647,829
7%
2014
$286,482
2%
$1,544,057
—
2013
$280,825
1%
$1,544,057
—
2012
$278,231
—
$1,550,498
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 161 E Chicago Ave #40DE
161 E Chicago Avenue #40DE, Chicago, IL 60611 (MLS# 12677042) is a Condo property with 3 bedrooms and 3 full bathrooms. 161 E Chicago Avenue #40DE is currently listed for $899,000 and was received on June 28, 2026. Want to learn more about 161 E Chicago Avenue #40DE? Do you have questions about finding other Condo real estate for sale in Near North Side? You can browse all Near North Side real estate or contact a Coldwell Banker agent to request more information.
